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Article: Image Entertainment Stockholders Vote to Adopt Merger Agreement.
- Article from:
- Business Wire
- Article date:
- October 23, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CHATSWORTH, Calif. -- Image Entertainment, Inc. (NASDAQ: DISK), a leading independent licensee, producer and distributor of home entertainment programming in North America, announced that at its special meeting of stockholders held today in Los Angeles, California, Image Entertainment's stockholders voted to adopt the amended and restated merger agreement providing for the acquisition of Image by BTP Acquisition Company, LLC. The merger is expected to close by November 6, 2007, subject to the satisfaction or waiver of closing conditions.
Under the terms of the amended and restated merger agreement, each Image stockholder will be entitled to receive $4.68 per share ...